Atasca Woods Community Association Inc
- Assets
- $981.7k
- Revenue
- $554.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Humble, TX
- Founding
- 01/2006
- Data as of
- 12/2019
- EIN
- 91-2116344
Organization Overview
Atasca Woods Community Association Inc is located in Humble, TX. The organization was established in 2006. According to its NTEE Classification (L50) the organization is classified as: Homeowners & Tenants Associations, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Atasca Woods Community Association Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2019, Atasca Woods Community Association Inc generated $554.1k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $470.1k during the year ending 12/2019. While expenses have increased by 0.5% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2019
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE QUASI-GOVERNMENTAL CITY-LIKE MUNICIPAL SERVICES SUCH AS : ARCHITECTURAL ZONING/MONITORING, SAFETY/LAW ENFORCEMENT PATROL, COMMON AREA MAINTENANCE, PARK DEVELOPMENT AND STREET LIGHTS, FOR THE HEALTH SAFETY AND WELFARE OF THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MAINTAIN COMMON AREAS, ESPLANADES, ENTRANCES, SWIMMING POOLS, STREET LIGHTS; PROVIDE PEST CONTROL;CONSTABLE SECURITY --ALL BENEFITING THE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Juan Cortina Director | Trustee | 2 | $0 |
Pamela Goldsworthy Vp/secretary | OfficerTrustee | 2 | $0 |
Wes Orton President/treasurer | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Investment income | $1,207 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $554,124 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $26,081 |
| Fees for services: Legal | $8,087 |
| Fees for services: Accounting | $5,100 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $36,064 |
| Insurance | $15,888 |
| All other expenses | $0 |
| Total functional expenses | $470,087 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $318,226 |
| Savings and temporary cash investments | $245,825 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $110,337 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $54,190 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $981,657 |
| Accounts payable and accrued expenses | $38,382 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $30,926 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $69,308 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $912,349 |
| Total liabilities and net assets/fund balances | $912,349 |